GROPYUS, a Vienna-based company focused on sustainable timber-hybrid building solutions, has secured €100 million in new funding. The latest round brings the total equity raised by the company to €300 million since its establishment in 2019. The funding was led by Semapa, a Portuguese investment firm, along with Practical Venture Capital from the U.S. This financing supports GROPYUS’ objective of streamlining construction processes through automation.
The newly acquired capital will be allocated to the expansion of GROPYUS’ fully automated smart factory located in Richen, Germany. Expected to be completed by late 2024, the factory will utilize advanced robotics to produce wall and ceiling components within 16 minutes, achieving an automation rate of 86%. Upon completion, the facility will aim for an annual production capacity equivalent to over 3,500 apartments, contributing to an estimated 250,000 m² of gross floor area.
Addressing Housing and Climate Concerns
Markus Fuhrmann, CEO of GROPYUS, highlighted the critical role of automation and industrialized construction in solving housing shortages and tackling climate challenges. The additional funding will further enable the company to enhance its technological capabilities and accelerate several ongoing sustainable construction projects across Germany.
Technology-Driven Building Solutions
Founded by Markus Fuhrmann, Philipp Erler, and Bernd Oswald, GROPYUS combines expertise in technology, robotics, and construction to create modular timber-hybrid buildings. The company’s approach emphasizes a digitalized, automated production process. Two major projects are currently underway in Germany, including a residential development in Baden-Württemberg consisting of nine buildings and 99 apartments.
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By Proptechbuzz
By Ravi Kumar
